Ethereum News Today
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Ethereum Finishes Long-Awaited Energy-Saving 'Merge' Upgrade
Software revision seen cutting network electricity use by 99%. Danger of bugs and other hiccups remain as the chain forks.
Playing the Merge: How to Get Free Money From Ethereum's PoS Upgrade
A planned Ethereum Proof-of-Work fork will credit ETH holders with an equal amount of ETHW on the newly forked chain after the Merge.
Ethereum to $3,000? Analyst Envisions 80% Surge For ETH In September
ETH remains the people's favourite amidst this persistent bear market, mainly due to its recent feats in network activity and the upcoming merge.
Ethereum’s long-awaited proof-of-stake transition set to start on September 6th
The Ethereum Foundation says it will begin the much anticipated Merge process on September 6th, with an estimated completion date of September 15th-16th.
Ethereum Overhaul Risks Creating a New Class of Kingpins
A handful of 'builders' may hold lots of power after upgrade. Builders may make money via market making, other services.
Sudden crypto drop sends Bitcoin to 3-week low
Cryptocurrencies fell sharply on Friday, with sudden selling dragging Bitcoin to a three-week low.
Ethereum Founder Forecasts Blockchain Merge on Sept. 15
Final test known as Goerli was completed earlier this week. Developers are expected to set a definite date next week.
Tether also confirms its throwing weight behind the post-Merge Ethereum
Tether's announcement comes after USD Coin (USD) issuer Circle confirmed it was also supporting Ethereum’s upcoming Merge upgrade and switch to a proof-of-stake (PoS) consensus mechanism.
Morgan Stanley’s New PAVA Indicator Divides ETH Users Into 'Believers' and 'Speculators'
The indicator monitors the extent ETH’s pricing is driven by blockchain network usage versus speculative activity.
Bitcoin Bounces After Fed Tightening But Tide Hasn't Turned
Bitcoin and Ethereum bounced after the Federal Reserve’s second consecutive 75-basis-point interest-rate increase, which was in line with market expectations. Bitcoin jumped by almost 7% while Ethereum rose 7.5%.
Hype Surrounding Ethereum’s Merge Pushes Price Up 40%
Ethereum’='s price skyrocketed more than 40% over the weekend following news that its massive software update will happen in September.
The 'Merge Trade' Has Begun, Experts Say, as Ether Surges and stETH Discount Narrows
"ETH has undergone a rapid change in narrative over the past week, with speculators purely focused on the upcoming 'merge' as a catalyst for appreciation," one observer said.
Mike Novogratz: Ether Price to Hold at $1000
Galaxy Digital CEO Michael Novogratz has stated that the price of ether and other cryptocurrencies is nearer to the bottom than US equities.
Ether and Altcoins Lead Crypto Rout as Terra DeFi Fallout Deepens
Solana, Avalanche and Polkadot prices tumble as much as 20%. Bitcoin drops less as largest cryptocurrency serves as a haven.
Ethereum ‘merge’ will happen in August, says Ethereum co-founder
After years of delays, Ethereum co-founder Vitalik Buterin confirms that the “merge” will finally happen this summer. The merge is a highly anticipated upgrade to Ethereum that, if all goes smoothly, will shift the major blockchain from a proof-of-work mechanism to proof-of-stake.
Gucci will accept cryptocurrency in stores
Italian fashion house Gucci will allow cryptocurrency payments in some stores in the US. Forms of crypto accepted include Shiba Inu, Bitcoin, and Dogecoin.
Bored Ape Yacht Club caused Ethereum fees to soar to astronomical levels
A new NFT release from the Bored Ape Yacht Club overwhelmed the Ethereum network on Saturday night, causing gas fees to rise to thousands of dollars.
Ethereum Price Prediction: Merge to Drive up ETH Price, Staking Yield
The ethereum merge could make the network more environmentally friendly, secure, and sustainable, but also send ETH's price and staking yields higher.
Hackers Steal About $600 Million in One of the Biggest Crypto Heists
Ronin Network says thieves took Ether, USDC tokens on March 23. Bridge hacks can threaten the ecosystem of decentralized apps.
Traders Bet on Ether Staking After Ethereum 2.0 Upgrade
Ether staking yields are likely to be in the range of 10% to 15% following the Ethereum 2.0 upgrade, one trader said.
Ethereum Beats Rivals With 'Trade-Offs,' Pantera’s Krug Says
Crypto-centric hedge fund is bullish, long on Ethereum. Grayscale's Grider says it’s not a 'winner-take-all' market.
Ethereum's Dominance in DeFi Is 'Far From Given,' JPMorgan Says
Ethereum has been a dominant force in crypto for several years now, and its Ether token is the No.2 cryptocurrency behind Bitcoin by market value. But its share of total value locked in DeFi, which was nearly 100% at the beginning of 2021, fell to around 70% over the course of year, JPMorgan said.
Ethereum Launches Kintsugi Public Testnet Ahead of Move to Proof-of-Stake
The move opens access to the new environment to a wider audience; earlier testnets were available only to developers.
'Massive Fourth Quarter' - Why Ethereum Could Outperform Bitcoin After Serious Fed Price Warning
Now, in the face of the Federal Reserve's increasingly hawkish attitude going into 2022, billionaire investor Mike Novogratz has said he expects the ethereum price to outperform bitcoin as the Fed looks to tackle inflation.
Polygon Makes $500 Million Buy for Ethereum Push
Crypto platform Polygon is buying startup firm Predicate Labs, the developer of the Mir blockchain protocol, in a deal valued at about $500 million as part of a broader strategy to help expand Ethereum’s capacity and pave the way for broader adoption.